Boeing (BA) Outpaces Airbus In Q1 Orders, Deliveries

Despite winning 14 new orders in March, Airbus Group managed a net total of only 10 new orders during the first three months of 2016 due to 22 cancellations, 15 of which came last month. By comparison, Boeing won 122 net orders, after counting 18 cancellations, from the beginning of the year till April 5.

In terms of deliveries too, Chicago-headquartered Boeing left its Toulouse, France, rival Airbus behind. The U.S. firm delivered 176 aircraft during the first quarter of 2016, compared to 125 planes delivered by the French company in the same period.